Cathie Wood: The "1011 Flash Crash" Market Event Was Not Triggered by Binance
2026-05-07 15:32
Odaily Planet Daily News: In a podcast conversation with Ark Invest founder Cathie Wood, CZ clarified his comments on last year's "1011 flash crash" market event. Cathie Wood stated that Binance did not actually trigger the flash crash; rather, the sharp decline caused the malfunction, and the叠加 (amplified) effect of tariff panic sentiment magnified market fragility. CZ expressed gratitude for Cathie Wood's clarification.
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